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7:27
YouTube
The Tax Geek
IRA 101: Contributions
This video defines what an IRA (Individual Retirement Arrangement) is and goes over the rules for contributing to Traditional and Roth IRAs. 2024 UPDATE: The IRA Contribution limit has been increased to $7,000 ($8,000 if over age 50) Traditional IRA Deductibility AGI Phaseouts: Taxpayer covered by an employer plan: S/HOH: $77,000 - $87,000. MFJ ...
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